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Description: bitcoin #youtube #crypto Bloomberg Intelligence Senior Macro Strategist Mike McGlone joins Yahoo Finance Live to discuss the ...
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Text duration start ents sentiment
well 2023 has been a year of rebounds 4.92 Jump to 0 DATE 2023 DATE a year
here so we mentioned Bitcoin one of the 4.559 Jump to 18.06
something that at one point was 3.48 Jump to 26.76 CARDINAL one
been up this year Bitcoin is one of the 4.2 Jump to 38.28 DATE this year CARDINAL one
wall resistance around 30 000. it looks 4.26 Jump to 45.66 CARDINAL around 30 000
the year and 12-month basis it's up 4.081 Jump to 59.399 DATE the year DATE 12-month
about 10 percent and you look at the 3.6 Jump to 61.68 PERCENT about 10 percent
Bloomberg commodity index on a 12-month 4.86 Jump to 63.48 GPE Bloomberg DATE 12-month
basis it's down 24 but I think what 5.879 Jump to 65.28 CARDINAL 24
fuels like crude oils down 40 percent in 4.32 Jump to 73.56 PERCENT 40 percent
12 month basis it's fueling inflation 4.259 Jump to 75.72 DATE 12 month
least for the last five years with the 3.84 Jump to 111.36 DATE the last five years
was up 12 percent in the year you know 3.84 Jump to 115.2 PERCENT 12 percent DATE the year
almost two to three percent on the year 3.48 Jump to 121.02 CARDINAL almost two to three DATE the year
the futures of price works I think one 3 Jump to 153.06
almost 40 about 38 so far what are we 4.981 Jump to 171.959 CARDINAL almost 40
issues when it first came to you know 3.48 Jump to 176.94 ORDINAL first
it's a bear Market one thing to remember 4.68 Jump to 190.86
about crude oil is it peaked in 2008 4.74 Jump to 192.9 DATE 2008
about 57 a barrel 57 a barrel was the 6.3 Jump to 205.019 CARDINAL about 57
average price of 2019 before we kicked 5.36 Jump to 208.2 DATE 2019
did before it pumped up to around 10 it 3.42 Jump to 221.76 CARDINAL around 10
was around two now it's dropped to two 4.199 Jump to 223.62 CARDINAL two
as it first traded in about 1990 after 4.44 Jump to 275.28 ORDINAL first DATE about 1990
the biggest one of the biggest rabbits 3.18 Jump to 279.72
crude oil is breaking down sugar is one 3.421 Jump to 289.979 CARDINAL one
significant and there's only one outlier 4.14 Jump to 293.4 CARDINAL only one